Android Pay is further simplifying ATM transactions by allowing consumers to withdraw funds without the need of a card. The service functions entirely through authorization of the mobile platform, allowing consumers to pull out money without having to have their wallets on their person. The service is being tested exclusively at the Bank of America.
The Android Pay app is a contactless payment service that can be used in a variety of contexts such as shopping or even transportation. The app is expanding to banks, allowing consumers to have secured access to their monetary funds without the need for a card.
Card-free transactions make it simpler for many consumers to utilize their finances, by capitalizing on consumers constantly carrying smartphones on their person.